SGX’s Bitcoin and Ethereum Perpetual Futures Debut Strong with $35 Million Volume

Why It Matters

The launch underscores growing institutional appetite for regulated crypto futures in Asia, potentially driving higher liquidity, broader market participation, and increased revenue streams for SGX.

Summary

Singapore Exchange (SGX) launched Bitcoin and Ethereum perpetual futures, recording nearly 2,000 lots traded on the first day, equivalent to roughly $35 million in notional volume. The strong debut signals robust demand for crypto derivatives in the Asian market and showcases SGX’s ability to attract institutional participants. The products expand SGX’s offering beyond traditional equities and commodities, positioning the exchange as a regional hub for digital asset trading.